Liquid Crystal Polymer Market, growth, Scope, Trends, Swot Analysis And Forecast by Fact MR

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Fact.MR – A Market Research and Competitive Intelligence Provider: According to Fact.MR, a market research and competitive intelligence provider, the global liquid crystal polymer (LCP) market is set to reach a valuation of US$ 1.4 billion in 2023 and is anticipated to grow at a CAGR of 5.1% during the forecast period of 2023-2033.

Liquid crystal polymers are widely used in electronic displays due to their superior thermal stability, high mechanical strength, and excellent electrical properties. With the increasing demand for high-resolution and energy-efficient displays, the liquid crystal polymer market is expected to grow significantly.

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Key Takeaways from Market Study

  • The global liquid crystal polymer market is expected to grow at 5.1% CAGR and reach US$ 2.3 billion by 2033
  • The market witnessed a 3.8% CAGR between 2018 to 2022
  • The U.S. is estimated to grow at a CAGR of 5.2% between 2023-2033
  • North America is likely to represent over 1/4th of the liquid crystal polymer market share
  • Europe liquid crystal polymer market is projected to grow at a CAGR of 5.0% in the forecast period
  • China’s liquid crystal polymer market is set to grow at a CAGR of 5.6%

Key Companies Profiled

  • Celanese Corporation
  • Polyplastics Co. Ltd.,
  • Solvay S.A.
  • Toray International
  • Ueno Pharmaceuticals
  • Sumitomo Chemicals
  • Shanghai PRET Composite
  • SHENZHEN WOTE ADVANCED MATERIALS
  • Seyang Polymer
  • Kingfa Sci & Tech
  • RTP

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Medical Polymers Market Growth: Based on the analysis by Fact.MR, the global medical polymers market is valued to be US$ 10.4 billion in 2023 and it is anticipated to grow at a CAGR of 8.4% to reach US$ 23.4 billion by the end of 2033.

Silyl Modified Polymers Market Size: The global silyl modified polymers market is expected to grow at a CAGR of ~4% during the assessment period (2019 - 2029).

 

 

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